Our March & April Chart Warnings on Stocks & Volatility
In our April 18 article we warned how April showers, could bring May Bearish Flowers (see here: http://ashraflaidi.com/content/images/articles/SPX%20April%20Apr%2011.JPG_640W.gif) Stocks are now down nearly 7%. In the SP500/VIX ratio chart (also in the article here: http://ashraflaidi.com/articles/april-fears-ahead-of-fed-spain-china.asp ), we warned the ratio could lose further as the bears drag down the index & volatility pushes up across the board. The ratio is now down 20% Cycles do NOT always recur, but when they do in these highly watched indicators, the downside could be severe. For our latest Premium Intermarket Insights; Tuesdays Intermarket Insights 6 charts are on EURUSD Option Volatility, EUR Volat vs EUR cash, S&P500, Dax Weekly, Gold Monthly vs. Weekly. Shorts in US crude are in progress. Subscribers can click here for direct access: http://ashraflaidi.com/products/sub01/access/?a=636 Nonsubscrobers can click here: http://ashraflaidi.com/products/sub01/
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